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India’s rupee climbs as accelerating growth may lure investors

Posted on 02 December 2009

From Bloomberg: India’s rupee rose the most in more than two weeks on speculation accelerating growth will boost the attraction of the nation’s assets for overseas investors.

The local currency and benchmark Bombay Stock Exchange’s Sensitive Index both advanced for a second day after a government report yesterday showed Asia’s third-largest economy grew at the fastest pace in six quarters in the three months ended Sept. 30……………………………Full Article: Source

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